Ethereum (ETH), which increased by 21 percent when it last tested below $ 1800, received a reaction from the same point.
ETH, whose momentum slowed down with the end of the Shapella update, again saw below $ 1,800 with the fall of BTC. ETH, which gained more than 21 percent when it last tested this value, could it exhibit such a move again? ETH, which returned from $ 1.767 on April 3 and tested $ 2.142, had serious rises. The popular coin, which has tested 1,800 gold again, seems to have found the support of buyers.
Ethereum (ETH) Chart Analysis
ETH, which fell to $ 1,785 with the sales wave in BTC, gained serious strength from this point. ETH, which gained 10 percent value within the same day from this point, lost this effect in the short term, but when we look at the medium term, it shows a 20 percent increase. ETH, which tested this price band at the beginning of April and then increased by 21 percent, created great expectations in its investor based on previous data.
Considering the 4-hour chart of ETH, with the monthly and weekly price exceeding, the targets of 1,920 – 1,942 – 2,022 – 2,056 and 2,142 dollars can be expected in ETH, respectively. The support band to follow for ETH that bounces off a critical price is $1,793 – $1,757.
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